constant dollars meaning

[Finance]
Dollars of a base year used as a general measure of purchasing power.

Examples

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1. constant dollar and current cost accounting
2. in constant dollar value
3. In constant dollars, defense budgets have dropped 31 percent during that period.
4. But the NSF in constant dollars is scarcely where it was a decade ago.
5. After inflation, that meant an improvement of $ 3, 889 in constant dollars.